The Reserve Bank of India (RBI) has unveiled draft norms for branch authorisation and business correspondents (BCs), introducing a two-tiered classification for BCs and redefining 'banking outlets' to include BC-Banking Outlets (BC-BOs), aiming to expand formal banking presence, particularly in rural areas.
Not a single retail outlet ran dry. Every household that wanted a cylinder got one. India faced neither a 1991 moment nor a 2013 one. Macroeconomic stability held. This was not an accident, and it was not luck alone. It was the work of a government that chose to act as it had during the pandemic -- deliberately and gradually, building one measure upon another rather than reaching for a single dramatic lever, explains V Anantha Nageswaran, chief economic advisor to the Government of India.
Passenger vehicle sales in India are estimated to have surged by nearly 25 per cent in June 2024, reaching approximately 4 lakh units, with Maruti Suzuki, Tata Motors PV, and Mahindra & Mahindra leading the growth, despite concerns over geopolitical tensions and monsoon impact.
India may press for an automatic review mechanism in its proposed interim trade deal with the United States (US), mirroring a sunset clause introduced by the European Parliament in its trade agreement with Washington, people aware of the negotiations said. The European Parliament last week approved the EU-US trade deal but inserted a sunset clause requiring the arrangement to expire on December 31, 2029, unless both sides agree to extend it.
A Jefferies report warns that the IT services sector is set for a structural shift due to AI, requiring talent and operating model overhauls and increasing cyclicality.
UN Women has issued a stark warning that the rapid advancement of artificial intelligence (AI) is placing women at a higher risk of discrimination and digital violence, citing studies that reveal significant gender bias in AI systems and large language models.
Google has removed the messaging app Telegram from its Play Store in India, with Apple expected to follow, in compliance with a government order aimed at preventing paper leaks during the upcoming NEET-UG re-examination on June 21. The government has also directed Telegram to temporarily disable its message-editing feature until June 30.
If we really want to curb the further depreciation of the rupee and make the rupee appreciate, we want to come out of the mindset that the exchange rate is merely a number, bring policy corrections to help reduce the outflow of foreign exchange by imposing suitable tariffs to discourage imports and bring self reliance, discipline FPIs, and correcting rules governing royalty outflows, suggests Dr Ashwani Mahajan, National Co-Convenor, Swadeshi Jagaran Manch.
Life cycle funds may suit people who are starting their investing journey. They may suit those who do not want to monitor their investments frequently. Busy professionals, beginners and delegators, who lack the time, information or interest to manage asset allocation actively, may find these funds useful.
'The situation globally is quite challenging, but we have the confidence and courage of conviction that we will come out winners even in this challenging time.'
In the first three quarters of 2025, FDE job demand jumped by nearly 800 per cent.
The scheme, called 'Suhana Safar', targeted customers who aspire to own a car but were hesitant because of concerns around arranging the down payment or managing future EMI obligations.
Tata Motors' commercial vehicle business is increasingly focusing on parts, services, connected-vehicle platforms, and digital businesses to drive growth and reduce dependence on cyclical vehicle sales, as outlined in its FY26 annual report.
Discover the inspiring journey of Komal Prabhu, called the Queen of GSB Cuisine, that saw her switch professions -- a Bharata Natyam dancer became a celebrated chef devoted to preserving traditional Gaud Saraswat Brahmin food traditions.
The Jan Vishwas (Amendment of Provisions) Bill, 2026, has been passed by the Indian Parliament, decriminalising minor offences across 79 central laws to improve the business environment and reduce harassment. Ministers highlight the bill's role in promoting trust-based governance and ease of doing business.
Ramesh is not in our class group photo. He had already vanished from school by the time it was taken. We didn't know why then. A few weeks later, we did, recalls Binu Alex.
Who are the special fathers of these famous Indians? The paternal figures responsible for putting them on the right path and helping them find greatness.
'It shows that access to these technologies cannot be taken for granted.'
Dive into the chaotic world of Ab Hoga Hisaab, a revenge drama that attempts to weave a complex narrative of crime and retribution but often loses its way amidst a multitude of bizarre subplots, notes Deepa Gahlot.
The RBI seems to be acknowledging that all deposits are not equal -- a deposit with a lower run-off assumption is inherently more valuable than one that could disappear overnight, points out Tamal Bandyopadhyay.
'More than becoming a unicorn, what truly satisfies us is seeing small businesses grow from Rs 10,000 a month to Rs 20 lakh after joining our platform.'
Despite the World Cup returning to their country for the first time in four decades, many in Mexico said they feel excluded, priced out of stadiums, forced to pay for expensive TV subscriptions and constrained by strict licensing rules.
Rising income feels like success but unchecked lifestyle inflation traps urban professionals into financing a more expensive version of living paycheck-to-paycheck -- buying material upgrades instead of true future financial freedom.
The outreach comes amid a drop in Indian student enrolments in management programmes at American universities last year, following changes to US student visa policies.
Maruti Suzuki India reported a significant 147 per cent year-on-year increase in mini-car sales (Alto and S-Presso) during April-May 2026, reaching 32,341 units, driven by eased production constraints and a surge in demand for CNG vehicles amidst rising fuel prices.
Gurugram police have arrested two individuals allegedly involved in an extortion racket targeting street vendors and small shopkeepers. The arrests followed a complaint by a paan shop owner, and investigations revealed a history of criminal activity by the accused.
The Indian women's hockey team, having already secured a semifinal spot in the FIH Nations Cup, is set to face lower-ranked Uruguay in their final pool match. India aims to maintain their undefeated record and bolster confidence, especially as winning this tournament is crucial for their return to the elite FIH Pro League after being relegated last season. Coach Sjoerd Marijne hopes for improved field goal conversions and may experiment with combinations ahead of the World Cup and Asian Games.
'Producers were ready to pay me obscene amounts of money because after Rangeela, they thought if they took A R Rahman and Ahmed Khan, the film would be a hit.' 'There were no imported cars then, no mobile phones or online shopping, no house to run or any big kharcha. I was rocking!'
We have Yoga Day. We have Hindi Day. We have, I am fairly certain, so many days, though I have never met anyone enjoying these days, notes Binu Alex.
Reliance Infrastructure (Reliance Infra) has submitted a representation to Sebi, NSE, and BSE, seeking a review of the Additional Surveillance Measure (ASM) framework and related trading restrictions on its shares, arguing they adversely impact its 700,000+ public shareholders and hinder fair price discovery.
A 43-year-old woman has been arrested for allegedly murdering her former boyfriend's wife in Chhatrapati Sambhaji Nagar, Maharashtra. The incident occurred at the victim's home, where the accused stabbed her with a knife. Police are investigating the motive behind the crime.
'Exploration should be made easier and companies should be given operational flexibility.'
Retail giant Walmart has announced that India has become one of its fastest-growing sourcing hubs globally, with the company having procured over $40 billion worth of goods from the country. This initiative aims to expand supplier capabilities, improve compliance standards, and help Indian manufacturers scale exports worldwide.
A 26-year-old gym owner, Kapil, was shot dead by two unidentified bike-borne assailants in Hansi, Haryana, while conducting an outdoor exercise session. Police are investigating the motive and are working to apprehend the culprits, with CCTV footage capturing the incident.
This loss is a direct result of the IITMs taking time away from their primary business activities, the AMI-Partners small-business study, commissioned by Microsoft, said.
'You empower a man, you are not necessarily empowering a family, you are just empowering him.'
'The share of the private sector is at its all-time high of around Rs 42,000 crore in FY26, reflecting its expanding role in the defence ecosystem.'
If something matters, schedule it, block it, put a placeholder in your calendar, says Sonica Aron, founder and managing director of Marching Sheep.
The IMD is predicting close to a 60% probability of deficient rainfall, which means there is a strong possibility that the monsoon this year will be poor.
The patient initially developed a fever that subsided but later returned, prompting hospitalisation.
